PINL:HERTF - Post by User
Post by
Highdoughon Nov 16, 2018 11:33am
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Post# 28984832
Update
Update Well if anyone has been following my posts I called that drop down to .15 once .195 got taken out, and also said it would run quickly back to .20s for the test. We tested resistance and unfortunately went back down. I made a nice profit yesterday on that run up and now holding the same amount I was the last time it was here.
Long term I believe this story, short term this could easily retest .15 or even worse much lower. The pumpers will probably laugh at this post, but this is still in trouble temporarily.
My advice would be to scale in at the drops, if you see a major drop load the truck up, and than sell the pop with the extra shares you bought.
For example I sold half my position once .195 broke and bought triple my position at .15, than sold more than half at .205. This way you can make some money on the gaps, still have shares incase it runs, and have dry powder incase it crashes again. This is becoming a day traders dream again, we will see $1.00 one day, but not anytime soon.
Do your own dd, buckle up, this is starting to get exciting. I’m still worried about the big boiz, but it was nice to break away from the sector yesterday on the pop. Expect lots of volitility, and at this point anything can happen.
Good luck to all of you!!